Fed's rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on
2023-07-14 15:00
San Francisco Fed president: 'It's really too early to declare victory on inflation'
Despite promising signs that inflation is abating, San Francisco Federal Reserve Bank President Mary Daly said the fight against price increases isn't over.
2023-07-14 05:52
'China has changed.' Germany unveils strategy to cut reliance on world's no. 2 economy
Germany announced Thursday that it would reduce its dependence on China in "critical sectors" including medicine, lithium batteries used in electric cars and elements essential to chipmaking.
2023-07-13 22:52
Barclays eyes smaller units for growth in strategic review, risks investor ire
By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON Barclays is betting it can revive its wilting share
2023-07-13 12:53
Big companies toughen banking partner screening after crisis - survey
By Laura Matthews NEW YORK Large companies are spreading out their counterparty risk and increasing screening of their
2023-07-13 12:25
Bank of Korea stands pat for fourth straight meeting
By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea's central bank on Thursday held interest rates steady for a
2023-07-13 09:18
Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
Inflation cooled for the 12th consecutive month in June, moving to 3% from 4% in May, according to the latest Consumer Price Index data from the Labor Department.
2023-07-13 03:52
Property insurers' ratings under pressure as risk rises, Morningstar says
The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to
2023-07-12 18:48
German cabinet to pass China strategy on Thursday - govt sources
BERLIN The German cabinet is to pass its long-promised China strategy on Thursday, two government sources told Reuters
2023-07-12 15:51
LG Electronics says it aims to achieve $77 billion in sales by 2030
SEOUL LG Electronics said on Wednesday it is targetting 100 trillion won ($77 billion) in sales by 2030
2023-07-12 08:58
Daimler Truck targets above 12% adjusted returns by 2030
Daimler Truck set new financial targets for 2030 ahead of its Capital Markets Day on Tuesday, aiming for
2023-07-11 20:28
BOK to hold base rate at 3.50% on Thursday, rate cut call pushed to 2024: Reuters poll
By Anant Chandak BENGALURU The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50%
2023-07-11 09:28